Berkshire Realty to Be Bought
By Management-Led Group

By

Barbara Martinez Staff Reporter of The Wall Street Journal

Updated April 14, 1999 8:18 a.m. ET

Berkshire Realty Co. agreed to be acquired by a management-led group for $660 million, plus the assumption of about $600 million in debt, signaling increasing frustration among management of real-estate investment trusts over sagging share prices.